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Re: kennypooh post# 60352

Friday, 04/14/2017 3:56:21 PM

Friday, April 14, 2017 3:56:21 PM

Post# of 85915
SEC filing requirements are a matter of fact - not opinion. I can tell you 5% is the reporting threshold for those not familiar with the law and regulations established by SEC. Here is a summary that explains it better:

http://www.investmentfundlawblog.com/resources/investments-by-funds/acquiring-5-publicly-traded-company/

Now if you are referring to Zata's claim to own 20 million shares as being something one might consider "a matter of opinion", I won't take exception to your statement. Of course he could be blowing smoke up our shorts with that number and we will either find out when he a) properly reports, or b) gets fined and/or incarcerated for illegal activities. I hope he is being straight with us as I sort of like reading his posts and beyond this I have no reason to doubt his claims. I simply asked the question.